Skip nav to main content.
Auto Loans in Massachusetts

Buy the cah now, pay for it latah

Get on the road WICKED FAST and get up to 90 days* to make your first payment.

Apply now

Latest rates

Rates and Terms

24 Month

as low as APR

36 Month

as low as APR

48 Month

as low as APR
Smiling man behind the wheel

Auto Loans for people in Massachusetts

Massachusetts folks don't have time to wait around. With a Central One auto loan, you can buy your cah now and pay for it latah with up to 90 days to make your first payment*. Plus, you can get the same low rate on new, used, or refinanced vehicles.

Apply now
Woman buckling up
Auto Advisor Car Buying Service

Auto Advisors take the pain out of car shopping

Let’s be honest, no one wants to spend hours at the dealership. Our free Auto Advisor Car Buying Service finds the right car for you, helps with negotiating, and takes care of the paperwork, so you don’t have to. They make the whole process wicked easy, so you can get where you need to go quicker.

Learn more

Start your auto loan application today

Massachusetts folks don't have time to waste. Start your app today and get approved wicked fast, so you can get on the road ASAP.

  • 1

    Submit application

    Submit an application online 24/7, call us, or visit your local branch.

  • 2

    Get pre-approved

    We'll notify you when your pre-approval is completed, usually the same day.

  • 3

    Need insurance?

    Get your insurance with special member discounts.

Apply now

Young woman behind wheel
First Time Auto Loans

Buying your first car?

First time auto loans get a wicked good deal. Save up to 1% on your rate as a new buyer. No credit history needed. Finance up to 120% of your vehicle's value!

Apply now Learn about Auto Advisor

We've got you covered

Whether you're shopping for a new car, looking for insurance, or protecting you and your vehicle, we have everything you need to keep you worry-free.

icon

Auto
Advisors

Our complimentary Auto Advisor will help find you the perfect car within your budget.

Learn more
icon

Oak Tree
Insurance Agency

Protection for your auto, home, and business. Let Oak Tree compare your coverages today.

Learn more
icon

Guaranteed Asset Protection
(GAP)

Drive with peace of mind knowing you're protected if your vehicle is totaled.

Learn more
icon

Motor Vehicle Acquisition Plan (MAP)

Save money with the features of a lease and the advantages of ownership.

Get a quote
icon

Mechanical Repair Coverage (MRC)

Protect yourself from costly repairs after your warranty expires. Benefits included rental reimbursement, roadside assistance, and no out-of-pocket expenses.

Contact us
icon

Member
Protect

Feel confident knowing you're protected from financial burdens due to loss of life, disability, or unemployment.

Learn more

Very happy with the service and speed of the loan.

— Michelle N.

FAQs

  • Central One Federal Credit Union is one of the best places in Central Massachusetts to get an auto loan for your next car, truck, or SUV. With competitive rates, flexible terms, fast approvals, and local decision‑making, Central One helps members finance new and used vehicles with confidence. Branch locations in Auburn, Milford, Northborough, Shrewsbury, Westborough, and Worcester make it easy for local drivers to get on the road quickly.

  • Yes. Central One allows members to refinance existing auto loans from other lenders. Refinancing can help lower your monthly payment, reduce your interest rate, or shorten your loan term, often saving you money over the life of your car, truck, or SUV loan.

  • Because Central One makes lending decisions locally, the approval process is typically fast and straightforward. Members often receive decisions quickly, allowing them to shop for a car, truck, or SUV with confidence and move forward without delay.

  • As a not‑for‑profit credit union serving Central Massachusetts, Central One reinvests earnings into better rates and lower fees for members. This often results in more competitive auto loan rates than traditional banks or dealership financing. Additional benefits include:

    • Exclusive discounts for electric vehicles
    • Special programs for first time car buyers
    • Access to Central One’s Auto Advisor service, which helps members find the right car, truck, or SUV quickly and easily
    • Lower‑cost protection options, including GAP (Guaranteed Asset Protection) and MAP (Mechanical Repair Coverage)
    • Local service and support throughout the entire car‑buying process

    To learn more, read Why Central One Is the Best Place for Auto Loans in Central Massachusetts

  • Absolutely. Central One works closely with first time buyers and provides guidance throughout the process. First time borrowers enjoy valuable benefits, including:

    • Save up to 1% on your rate as a new buyer
    • No credit history needed
    • Finance up to 120% of your car, truck, or SUV’s value
    • Personalized support from Central One’s lending team to help you understand your options and build confidence

    These features make it easier for new drivers to get approved and get on the road.

  • Yes. Central One offers both GAP (Guaranteed Asset Protection) and MAP (Mechanical Repair Coverage) at lower fees than many dealerships. GAP helps protect you if your car, truck, or SUV is totaled or stolen and you owe more than its value. MAP helps cover unexpected mechanical repairs, giving you added peace of mind throughout your ownership.

Let's get you in the driver's seat

From Boston to the Woo and everywhere in between, get where you're going quicker and easier with a Central One auto loan.

Apply now Contact us

  • *Up to 90 days to pay: Loans subject to credit approval. Interest will accrue from date of loan disbursal. Current Central One Federal Credit Union loans are excluded from promotion. Additional terms and conditions apply.

    **Motor Vehicle Acquisition Plan is only available for non-commercial passenger vehicles.

    ***If you opt to turn in your vehicle at the end of the term, a disposition fee of $395.00 will apply.

    ¹ Subject to creditworthiness. Other significant terms apply. Program subject to change at any time without notice. For more information, ask a Representative for details. Cannot go below our lowest published rate. Minimum rate is the current lowest advertised rate, APR. Down Payment and/or cosigner may be needed

    ² Stated rate assumes term of 24 months and LTV under 75%.

    ³ First Time Auto Loan – To qualify, you must not have a previous auto loan on your credit history. 1% discount includes Electronic Loan Payment from a Central One checking account. Discounts cannot be combined and cannot go below lowest published rate.

Rates

Auto Loan Rates

*APR - Annual percentage rate

APR-Annual Percentage Rate.

Rates listed above are for personal use vehicles only and subject to change Commercial use vehicle rates may be higher. Down payment may be required. Subject to creditworthiness. Other significant terms apply. Program subject to change at any time without notice. For more information, ask a Representative for details. Cannot go below our lowest published rate. Minimum rate is the current lowest advertised rate, APR. Down Payment and/or cosigner may be needed

New and Used Auto Loan Disclosure: Copy of purchase and sale agreement required. Rate may be adjusted for vehicle age or high mileage vehicles. Qualified borrowers with A+ or A credit may borrow up to 120% of the NADA retail value. Stated rate assumes term of 24 months and LTV under 75%. Actual rate will be determined based on credit history, term, loan to value, and other factors.

First Time Auto Loan – To qualify, you must not have a previous auto loan on your credit history. 1% discount includes Electronic Loan Payment from a Central One checking account. Discounts cannot be combined and cannot go below lowest published rate.

Test Modal

Modal Content

Ea rerum vel molestiae omnis molestias. Et ut officiis aliquam earum et cum deleniti. Rerum temporibus ex cumque doloribus voluptatem alias.

Open Account

Not a Member, Yet?

Open Your First Account

Already a Member?

Request Additional Account

 

Check your application status

Ice Cream Day Dates

Check back for 2026 dates and times

 

Food Truck Dates

Check back for the 2026 dates and times

 

Adjustable Rate Mortgages

  • The 15/5 Adjustable Rate Mortgage offers a fixed APR of for the first 15 years then adjusts to a new rate every 5 years.

    Term: Available for terms up to 40 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies, or we will not be able to process your application. Payments do not include taxes and insurance. 

    Begin the Application Process Check Rates

  • The 15/5 Adjustable Rate Mortgage offers a fixed APR of for the first 15 years then adjusts to a new rate every 5 years.

    Term: Available for terms up to 40 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application. Payments do not include taxes and insurance. 

     

    Begin the Application Process Check Rates

  • The 10/5 Adjustable Rate Mortgage offers a fixed APR of for the first 10 years then adjusts to a new rate every 5 years.

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application. Payments do not include taxes and insurance. 

     

    Begin the Application Process Check Rates

  • The 10/5 Adjustable Rate Mortgage offers a fixed APR of for the first 10 years then adjusts to a new rate every 5 years.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30-year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies, or we will not be able to process your application.

     

    Begin the Application Process Check Rates

  • The 5/1 Adjustable Rate Mortgage offers a fixed APR of for the first 5 years then adjusts to a new rate every 1 year.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30-year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.

     

    Begin the Application Process Check Rates

  • The 5/1 Adjustable Rate Mortgage offers a fixed APR of for the first 5 years then adjusts to a new rate every 1 year.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies, or we will not be able to process your application.

     

    Begin the Application Process Check Rates

  • The 3/3 Adjustable Rate Mortgage offers a fixed APR of for the first 3 years then adjusts to a new rate every 3 years.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.

     

    Begin the Application Process Check Rates

  • The 3/3 Adjustable Rate Mortgage offers a fixed APR of for the first 3 years then adjusts to a new rate every 3 years.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.

     

    Begin the Application Process Check Rates

  • The 1/1 Adjustable Rate Mortgage offers a fixed APR of for the first 1 year then adjusts to a new rate every 1 year.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30-year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.

     

    Begin the Application Process Check Rates

  • The 1/1 Adjustable Rate Mortgage offers a fixed APR of for the first 1 year then adjusts to a new rate every 1 year.

     

    Term: Available for terms up to 30 years.

    Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.

    Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.

     

    Calculate your monthly payment using the ARM Mortgage Calculator

    Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.

     

    Begin the Application Process Check Rates

Order Checks for your Home Equity Line of Credit (HELOC)

You can order checks through this link Order Checks or by calling 800-355-8123. You will need to input your account number and the Central One routing number (211387169). As a security precaution, you will not be able to change the address on the checks and all orders will be sent to the address of record on the account.

Leaving Our Website

You are leaving our website and linking to an alternative website not operated by us. We do not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.

Log in to Online Banking